Property stocks are shooting up but I can't buy them, for an obvious reason. So last September I decided to start a fantasy portfolio to find out how much I'm losing out on. I played it safe and concentrated on office and luxury home players.
And here are the results:
Wheelock: $1.71, now $2.62 Keppel Land: $4.60, now $7.45 Ho Bee: $0.92, now $1.51 CityDev: $9.90, now $14.80 CapitaLand: $2.23, now $2.45
If I'd bought one lot of each, it would have cost me $19,360. If I'd sold it all now, I would get $28,830. Return = $9,740 = 48.9 per cent in less than four months, minus fees etc.
Anyway I need (non-property-related) investment tips now. Anyone have any ideas?
posted by zyn ::
7:48 PM ::
2 Comments ::
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